Kremlin Says Conflict with Ukraine Is Now a Full-Scale War

The Kremlin issued a statement describing the nature of the ongoing conflict, stating that on one side is Russia and on the other is Ukraine, together with a number of European countries and the United States, which it claims are supplying Ukraine with millions of tons of weapons.

The statement explicitly declared: "It is no longer an operation. It is a full-scale war." This marks an official shift in rhetoric from Moscow, which had previously referred to the invasion as a "special military operation."

The acknowledgment of a full-scale war underscores the escalation of the conflict, with implications for global markets due to increased geopolitical risk and uncertainty around energy supplies and commodity prices.